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20131105
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law attorney seth. dr. scott, i start with you, this is an amazing story that president promises we can keep our health insurance coverage knowing that likelihood is 47% to 60% would close their coverage each year, millions of americans without coverage, he promised us the opposite. what do you make of this? >> this is an irs bulle but -- - >> bottom line is that i think they were anticipating the people would lose their coverage, and move into the exchanges. these are most lo lucrative, i suspect they would move on to plans they would like more, we're finding right now options are worse than they should in costs and benefit design. >> we've seen people say, they see increased costs but administration reporting that young people, individuals will see costs on their policies of just $50 a month, i have to tell you, i have not seen that in talking with anybody on our show. what do you think of the back and forth, a give and take between the white house and media on the topics? >> i think that it demonstrates that administration is not only not in control of what is going on, but they
the massachusetts health care law. the same law that become the framework for the affordable care act. i don't remember conservatives complaining about the law then. back then everyone was all smiles, even this guy. a top official at the conservative think tank, the heritage foundation. look how happy he is. but now suddenly the heritage foundation is the group leading the charge against the president's health care law. it's even supported senator ted cruz's anti-obama care tour this summer. and today senator cruz continued that crusade at the headquarters for the heritage foundation. >> it is a particular privilege being here at heritage, heritage plays such an important role in helping articulate and defend conservative principles across this country. and in no fight has that been more apparent than in the fight over obama care. >> but republicans were on the other side of that fight just a few years ago. they've completely flip-flopped. now the whole right wing is against it. why? because president obama is for it. but he's come too far to back down now. >> and if if was hard doing it jus
the entire law. today republican leaders made that clear. >> you know, the problem with obama care isn't just the website. it's the whole law. >> and the bottom line is the problems with obama care run deeper than just the website. >> hear that? this isn't about the website glitches. it's about scrapping the whole thing. never mind that 17 million children with pre-existing conditions are now covered. never mind that insurance premiums are 16% lower than expected. the gop wants all this to wither on the vine. and they're offering no alternatives of their own. and today democratic congressman bill pasquel called them out on it. >> including the one i'm the coo sponsor of. >> are you serious what you just said? are you really serious? after what we have gone through and what we have gone through in the last three and a half years. you can sit there and say that you had a legitimate alternative after these years? we've gone through 44 votes, 48 votes now, of you trying to dismantle the legislation. you call that cooperation? i don't. >> wow. that's an amazing moment. this law is important. it's
care law that i think is bad for patients as well as doctors and nurses to take care of them as well as the taxpayers this -- the problems with the bad side are only the tip of the expert. the law itself is fatally flawed in terms of keeping your doctor and all of these cancellations of policies. gerri: i will show some numbers. we have been running a tally on the cancellations. i have something. if you add up all these numbers from all over the country, hundreds of thousands of people getting cancellations. kathen sebelius was saying that there not cancellations. if they are not, what are they? >> there cancellations, and there are more than some. more and more of these grand father plans will have to make enough changes to comply that there will be canceled, no longer legal for sale which is bad. >> the regulations they wrote after words. the tower of regulations. they've really got very restricted in the regulations when the president said if you like your insurance to keep it. really only if the white house likes your insurance you can keep their insurance. the white house is not
, remember when a texas lawmaker filibustered a strict new abortion law only to have the legislature pass it anyway in a special session? well, a u.s. district judge just threw that law out. good afternoon, everyone. welcome to "the lead." i'm jake tapper. in the national lead, we begin by asking of the president those two questions that always seem to go hand in hand. what did he know and when did he know it. regarding the nsa tapping the phones of nearly three dozen world leaders. add president obama himself to the list of those surprised to learn it was going on. a senior administration official tells me president obama did not learn until recently of the nsa surveillance of other world leaders including allies, confirming a report that first appeared in this morning's "wall street journal," citing u.s. officials that the white house did not know until an internal review over the summer after which it ended some of those programs. the senior administration official tells me the program that monitored the phone of german chancellor angela merkel did not end until quite recently. the whi
, chairman upton, that this is the law? you know, they have this whole thing, this is the existing law, this is the current law that passes the supreme court, blah, blah, blah. this is the law, and worry not going to change the law? >> well, how did they change the law for the employer mandate for a year? it happens, that's the way it goes. they are given lots of waivers. let's see regulations, delayed or imposed that say, hey, if you like the health insurance and you were insured earlier this year, can you keep it, worry not going to impose that penalty on you later on. >> i am staggered to lead, there are tweets about this, fred, and other things that valerie jared, the top adviser and jake carney are now blaming insurance companies for can selling plans within they are forced to by the obama care mandates. >> are you exactly right. it not their fault and, you know, we knew early on, private and mutual, cancelled a million policy, i think they announced that a year, a year-and-a-half ago something like that for people across the country. so they knew what they were getting into. the
abortion bill carried the day in court when provisions of that law were found unconstitutional. one third of clinics were set to close their doors when the law would have gone into effect. one provision required doctors performing abortions to have admitting privileges of a hospital within 30 miles of that abortion facility. federal district judge wrote the admitting privileges provision of house bill 2 does not bear a rational relationship to the legitimate right of the state in preserving and promoting fetal life or a woman's health and in any event places a substantial obstacle in the path of a woman seeking an abortion of a non-viable fetus and is thus an undue burden to her. the judge struck down some of the law's restriks on the use of pills used to induce apportion. wendy davis issued this warning during her filibuster of the bill. >> i'd say if you vote for this bill you're simply happy to ignore medical science and watch women and children die for no reason. >> texas families are stronger and healthier when women across the state have access to quality health care. i would rather
trade, pledging to attract more foreign investment into the united states as his failing healthcare law continues to not only frustrate millions of americans, but in some cases also injury them. those who are losing their healthcare plans because of obamacare. nearly all republican, and a growing number of democratic lawmakers, are now demanding either a delay of the individual mandate or an extension of the enroll am period. and -- enrollment period and the public is not pleased. the president is being pummeled in the latest polls, his job approval rating hit all-time low in newest "wall street journal" poll, just from% of americans a-- 42% of americans approving of his job performance compared to 51% disapproving. 2 two major polls with almost the same trend. gallup tracking poll, and fox news poll, the approval rating has dropped further. only 41%, 53% disapprove. the president's under war unders are not surprised perhaps with reports of up to two million people receiving cancellation notices from their health care insurance providers, new report reveals that obama administration kne
as the president stood in boston's historic faneuel hall where mitt romney signed into law the health care plan that became the prototype for obama care. >> there's no denying it. right now the web site is too slow. team people have gotten stuck. and i am not happy about it. and i take full responsibility for making sure it gets fixed asap. >> mr. obama argued romney care wasn't perfect at first, either. >> enrollment was extremely slow. within a month, only about 100 people had signed up. >> but there are also big ditcheses. former romney aides like ex-spokesman ryan williams are disgusted with the comparisons. >> what do you make of that? >> pathetic. >> romney had the late senator ted kennedy by his side, a bipartisan achievement the president wasn't able to match. >> president obama has not done a good job managing the process. he has not hired competent people to run this program. i think we're seeing the disastrous results of that right now. >> romney also rejected the comparison in a statement, saying "had president obama actually learned the lessons of massachusetts health care the inst
, we'll have to charge more. there are reasons to not be too afraid. the law has various complicated mechanisms that compensate insurers, a lot of cost will get transferred to taxpayers and that's a problem for the federal budget but may not be a problem for the insurance market. as long as the system is working right for 2015, the insurers will say we had an unusual circumstance where we ended up with a lot of sick people and now cross our fingers, it is working in 2015 and we expect more signups. they may not push the rates up so much. the insurers have a lot of reasons to want it to work. they don't want a death spiral with skyrocketing insurance rates more than any of the rest of us do. it's not time to panic yet. the sooner the better they can get the website fixed the less we have to worry about the enrollment problems. >> extending and delaying was not an original part of the plan, but neither were the incredibly problematic glitches that we're having to deal with now. there's -- i'm really not that surprised you have a number of democrats pushing the extending at least the en
told the truth to americans about his health care law going back to the campaign. >> when he was trying to get the law passed, repeatedly said, if you currently have health insurance, you'll be able to keep your plan. this morning, david axelrod was pressed on that point and said the majority, the vast majority, would get to keep their plans. he no longer works at the white house. from that podium, will you admit when the president said, if you have a plan, you'll get to keep it, that was not true? >> it's true there are existing health care plans on the individual market that don't meet those minimum standards and therefore do not qualify for the affordable care act. >> greg, i want to talk about ridicule. when your policy or your campaign or your candidate becomes the target of ridicule on "saturday night live," have you a huge problem on your hands? >> i don't really think so. i think -- i feel like the joke is on us for laughing. oh, finally, the cool ki are now seeing what all the dorks have been seeing for two years and we're supposed to be grateful for this one little, you know,
with his brush with the law. gerri: hello, everybody. i'm gerri willis. tonight on "the willis report" the obamacare rollout mess, when did the president know that millions of americans would be kicked off their health insurance plan? despite his repeated assurances to the contrary. >> if you like your health care plan you will be a will to keep your health care plan. gerri: also, a preview of kathleen sibelius' congressional testimony tomorrow, the head of the committee, chairman fred upton is here. finall and apology on the obamacare rollout. >> i want to apologize to you that these website has not worked as well as it should. gerri: will the site ever work for consumers? we're watching out for you tonight on "the willis report." ♪ gerri: our top story tonight, another omacare lie exposed. the white house going on the defensive after it was revealed that they knew for years and l.a. is of americans could not keep their health plans. despite president obama's repeated assurances to the american public if they like their plan they could keep it. here to weigh in, a visiting scholar
care law, and you know it's considered a post decision condition. i don't know where to go with this. >> it is a post existing condition. >> it's funny. we keep talking about should we -- somebody's head has got to roll. heads rolling everywhere. if you fire somebody, obama is going to replace him or her with somebody worse. he's a bug lamp for bozos. americans have to do the firing. republicans are not off the hook. to sit here and talk about this is terrible and bad, where the hell are your candidate, alternatives, path to winning elections. you can't sit there and go that person should be fired. that's where you start not where you end. >> you're saying you can't just be against the other guy. come up with something to motivate people to move in your direction? >> come up with candidates that aren't chumps. >> that's frustrating for me. i saw someone on my own net work last night suggest to a congressman, why didn't you warn us if you knew it would be bad? they had been trying for a long time. no one would pay attention until there was a disaster. several members of congress tried
's turned out to be the truth? do we -- we do a health care law reality check coming up with mark bertolini of aetna in a moment. >>> top white house adviser valerie jarrett tweeting nothing in obama care forces people out of their health plans. and nothing in the law is forcing insurance companies to tell people their plans are no longer offered. where's the discounnect. >> we'll do the fact-check when we speak exclusively to mark bertolini of aetna. stay tuned. ♪ [ male announcer ] when we built the cadillac ats from the ground up to be the world's best sport sedan... ♪ ...people noticed. ♪ the cadillac ats -- 2013 north american car of the year. lease this cadillac ats for around $299 per month with premium care maintenance included. at bny mellon, our business is investments. managing them, moving them, making them work. we oversee 20% of the world's financial assets. and that gives us scale and insight no one else has. investment management combined with investment servicing. bringing the power of investments to people's lives. invested in the world. bny mellon. female narrator:
, insurance policies that were in effect on march 23rd, 2010, when the law was enacted would be grandfathered. then a few months later despite the president's word, you all at hhs helped promulgate a new reg that in your own review showed it effectively could deny perhaps as many as more than 50%, maybe even higher of those holding individual policies the right to renew their own insurance plan. and i would guess that there are a lot of us on this panel today that are hearing from angry and confuse confused constituents, who are now being forced to go on to a an inept web site, whether they like it or not, to shop for a new roo plaeplacement policy, f premiums as high as 100% before and some up to 400% higher that i've heard from as well rising deductibl deductibles. when was the president informed of the regulation change? if so, was he informed this totally undermines his biggest selling point. in a statement each made more than three years after the regulation change was promulgated, the president said again, "the first thing u need to know is this -- if you have already have health care,
scrutiny, as white house officials admit some plans will cease to exist under the law. >> it's true there are existing health care plans on the individual market that don't meet those minimum standards and, therefore, do not qualify for the affordable care act. there are some that can be grandfathered if people want to keep insurance that's substandard. what is also true is americans who have insurance on the existing individual market will now have numerous options available to them. >> reporter: president obama making an obama care pitch to young people. you must sign up for health insurance to avoid a fine. >> when you look at the number of young people who actually want health insurance but are having trouble affording it, the fact we're making it affordable for them for the first time, that's a big deal. >> reporter: a new study shows 70% of eligible americans between 18 and 34 can now purchase coverage for less than $100 per month. that's if they can sign up. health care.gov was knocked offline sunday, along with the data hub that verifies eligibility for government subsidies.
if they liked it. but when pressed if the president of the responsible for the law failures, she said, whatever, yes. he is the president. fox news chief congressional correspondent mike emmanuelle on capitol hill with our report. >> reporter: kathleen sebelius defending the roll out of president's health care law but said, she is accountable. >> i am as frustrated and angry as anyone with the flawed launch of healthcare.gov. so let me say to these americans, you deserve better. i apologize. >> reporter: chairman upton accused sebelius and others of false advertising prior to healthcare.gov launch. >> over months leading to october 1 launch, secretary and her colleagues at hhs looked us in the eye, and testified that everything was on track. >> reporter: after a lot of finger pointing, republican blackburn from tennessee pressed on who is to blame, asked if it was any of the top medicare officials. >> michelle snide ser snider is. >> excuse me, michelle snider is not responsible, hold me accountable i am responsible. >> reporter: the web site was taken off line last night and remained out of co
, all the laws of physics and all common sense. he was murdered, and we're trying to find out who murdered him and who's covering up for the individuals involved. it is unfortunately a real-life murder mystery, and we have to solve this mystery. >> c.b., i want to the play a little more of what the u.s. attorney said regarding how he will go about investigating kendrick's death. let's play a bit of that, please. >> facts, not feelings or opinions, no matter how sincere they may be, are the basis of a legal investigation. i do this with an open mind, neither accepting nor rejecting the opinions of anyone who has previously investigated the circumstances of his death. >> he says facts, not feelings or opinions, but some of the fact you and the family are presenting is the second autopsy. i think people have a difficult time understanding if this autopsy, an independent autopsy, says blunt force trauma to the head was a cause of death here, how has that not been priority number one as part of this investigation for the sheriffs department and even with this u.s. attorney? that seems
shortcomings in the same place where the successful massachusetts health care law got its start. but he says romney care also had a pretty rocky beginning. health and human services secretary kathleen sebelius finally takes her turn in the hot seat, grilled for hours about the obama care website. >> you deserve better. i apologize. i'm accountable for you for fixing these problems. >> and the national security agency pushing back against allegations that it penetrated google and yahoo! data centers while european you're pea a eur against u.s. claims that everybody spies. you're in the situation room. sebelius got a drilling today. president obama got out of town. he just gave a spirited defense of his health care law this boston where former rival mitt romney signed a very similar and successful massachusetts law less than a decade ago. our chief congressional correspondent dana bash is standing by on capitol hill, but let's begin our coverage with our chief white house correspondent jim acosta. the president said he's responsible for obama care's flaws, but he also said that romney care als
this law, after signing the overall law in march of 2010. stephen hayes, senior writer "weekly standard," fox news contributor. parse this now, steve. your take? >> this is bigpretty big deal. this is confirmation of what many republicans were saying all along. the main promise of the white house's president obama's signature domestic policy that you could keep your plan if you like it but was not true but a deliberately. there is no real way to be polite about it. this was a lie. this was a lie from the beginning. these documents unearthed over last 24 hours make that abundantly clear. bill: are they parsing this language themselves? as you define the word is, is between the lines? >> they're in trouble. scrambling trying to come up with any way to explain this away when the plain language what the president said and what we've now seen makes it impossible to do so. valerie jarrett, top obama advisor sent out a tweet, saying in effect nothing in obamacare forces you off these plans. just these insurance companies that are doing this. bill: that seemed to be, a little bit of what we hea
their repeatedly failed calls to repeal the law. >> if the president knew that these letters were coming and still indicated that you could keep your health care plan if you liked it, now, that raises some serious questions about the sales job of obama care. >> today on the hill, medicare chief marilyn tavenner. >> these individuals in a small group or individual market had no protections. they had no guarantees of coverage and they were still being charged somewhere between 20% or more of premium increases year over year. there were health care plans -- >> is that a true statement? >> it is a true statement, plans were grandfathered in. >> thank you for that answer. so if you like your doctor, you can keep your doctor too? is that a true statement? >> i think doctors come and go inside networks. i am aware that there are issuers in states who are canceling their old plans, which were grandfathered in and moving to new plans -- >> what you just said about keeping your health care plan, isn't true. >> they can keep it. >> they can't keep it. they just got cancellation notices, you can't keep it. >>
. >> you are in charge of the law. should you be different from all of the other americans out the there? >> i told the president we were ready to go. clearly i was wrong. >> sebelius took questions from house lawmakers for almost three and a half hours defending obama care despite the disastrous rollout and continued to twist facts about the health care.gov website and glitches. watch this. >> we were anxious to get the website up and running and functional which we have clearly failed to do to date although i would suggest the website has never crashed. it is functional but at a very slow speed and low reliability and has continued to function. >> oh, slow speed. how can she say that with a straight face? we tried on this program four times to create an account on health care.gov. we have been shut out each and every the time. earlier today while kathleen sebelius was testifying we tried to log on and look what happened. as you can see on the left it says, the system is down at the moment. we are experiencing technical difficulties and hope to have them resolve soon. please try later.
the affordable care act became law, and you really like that plan, you are able to keep it. that's what i said when i was running for office. that was part of the promise we made. but ever since the law was passed if insurers decided to downgrade or cancel these substandard plans, what we said under the law is you've got to replace them with quality comprehensive coverage because that too was a central premise of the affordable care act act from the very beginning. >> essentially saying if you like your plan and they changed the plan to something you shouldn't like, i will change it for you. first off on the qualifying statement, 60% of all of these exchanges only have one option across the country. so you can't shop, you only have one product to choose from number one. number two, they did the slightest change to the health care which you hads, you are able to be kicked off, no longer to be grandfathered. the president did a wonderful two-step. instead of saying if you like your plan you can keep your plan. if you like your plan, you'll be able to keep it unless we deem it not good enough for
of a republican effort before the health care bill became law of the land to push back on this presidential sales pitch. >> if you like your health care plan, you'll be able to keep your health care plan, period. no one will take it away no matter what. >> reporter: that was the summer of 2009 during the heat of the health care legislative battle and so was this. >> on the is it stump the president says if you like your plan you can keep your plan but if you read the bill, that just isn't so. for starters within five years, every health care plan will have to meet a new federal definition for coverage. one that your current plan might not match even if you like it. >> reporter: fast forward three years, that is exactly what is happening. insurance companies are dropping americans all across the country from their health plans many because policies don't have coverage now required under obama care. democrats trying to calm concerned constituents call it a good thing. >> if we don't enforce this policy, insurance companies can continue offering flimsy coverage that disappears when people actually n
year like everyone else? >> sir, the way the law is written -- >> yes or no. say you're wrong, on that, yes or no, will you, yes or no. >> i will not give disinformation to the american public. >> you what? >> i don't want to get disinformation. >> i want you to do research, if you're wrong will you go into the exchanges -- >> if you can will you? that's a yes or no? if you can will you? >> i will take a look at it. >> that is not an ends. >> marsha blackburn was also on the committee asking why obamacare should be allowed to decide what plan is best for americans. we'll talk to her a little later this hour. there is word from the white house today that it is satisfied with the testimony brought kathleen sebelius yesterday. what do you think? were you satisfied? @marthamaccallum, @billhemmer. that is our twitter question of the day. martha: their story right now, bill, clearly you just have to wait. some of you will get subsidies you don't realize you're going to get. the these gaps being dropped on your policy and successfully being able to get one. they're urging caution, hold, hold,
million americans who already have health insurance, you will keep your health insurance. this law will only make it more secure and more affordable. >> well, for many americans that's simply not true. the initial data is clear, health insurance premiums are going up for many working americans and health insurance companies are literally tossing people off the rolls. there is no question that's happening. >> from that podium will you you admit that the president said if you you have a plan you will get to keep it that that was not true. >> let's just be clear. what the president said and what everybody said all along is that there are going to be changes brought along by the affordable care act that create minimum standards of coverage. it's true there are existing healthcare plans on the individual market that don't meet those minimum standards and, therefore, do not qualify for the the affordable care act. >> so, even the president's spokesman, mr. carney, now admits mr. obama was not quite accurate in his previous statements. the question then becomes did the president knowingly
of internet gambling, which is against the law, yet is thriving in this country. but first, my report about one of the biggest scandals in the history of online gambling. a small group of people managed to cheat players out of more than $20 million, and it would have gone undetected if it hadn't been for the players themselves, who used the internet to root out the corruption. as a joint investigation by 60 minutes and the washington post revealed in 2008, it raises new questions about the integrity and security of the shadowy and highly profitable business that operates outside u.s. law. >> moneymaker puts his name amongst the greatest players in the game! >> if you had to pick the moment that the poker boom began, it was probably the day an unknown accountant named chris moneymaker won $2.5 million at the 2003 world series of poker. suddenly, every amateur with a hat, sunglasses, and a stack of chips saw themselves as the next big moneymaker. nearly 7,000 people competed in this year's tournament for $180 million in prize money, but the fever has spread far beyond las vegas. it is the ric
their plans, yeah? >> several important agencies enforcing the new law, meaning the treasury, irs, hhs and the labor department. now the administration is out attacking nbc and other media outlets reporting facts out in the irs bulletins and the federal register about the new law. here is the deal, the bottom line. basically they were looking at market analysis that says a percentage of people basically turn over. they don't want their plans and ditch their plans and get new plans. when the individuals get new plans, the new plans may not meet the standards set down by the health reform laws, co-pays, coverages for preventive services and the like, the quote is in the federal register, which is the book that the government puts out showing the new laws, and rather the new regulations and the percentage of individual policies losing the grandfather status. meaning, they would lose the status of being qualified, could exceed 40 to 66, 67%. stuart: of the 14 million policies out there, up to 60%. >> 66% or 67%. stuart: some say higher, some say 80% could be kicked off the policies that th
signature law today. >> i'm confident the market places will work. because massachusetts has shown that the model works. yes, this is hard. because the health care system is a big system. and it's comb pm complicated. if it was hard doing it just in one state. it is harder to do it in all 50 states when governors of a bunch of states and half of the congress aren't trying to help. yeah. it's hard. but it is worth it. >> the president was in boston trying to reboot the conversation around the new health law. house republicans were back in washington, hard at work. investigating the laws troubled debut. >> republican colleagues trying to scare everybody. >> will the gentleman yield? >> i will not yield to the monkey court. >> the mun keonkey court was in session with health and human services secretary kathleen sebelius fielding questions, of congressmen. did you know for example that kathleen sebelius used to be governor of kansas. >> madam sec scaretary you are kansas. >> you were governor in kansas. >> which is also the site of an iconic american film. >> there is a famous movie c
. countries will enact their own data laws. internet that we think is unbroken and open around the world i fear it will be segmented as countries have their own rules and own protections. >> about six years ago when the president was running, you know if he gets in there our reputation around the world will be so much better. everybody hates george w. bush. this is all we need for a brand new world. little did we know while he was giving that speech in berlin his people were bugging every office. think about the damage this has done and this is one more of those bush/cheney programs that this administration has taken to ridiculous lengths. >> the real world implications is massive. the damage has been done that's not just political but mic economically. the idea that the president doesn't know about these things over and over again -- i imagine people think it's a better explanation than saying he did know. that's hard for me to see how it's a positive. if that is true that's alarming. given that they are arguing this wholesale review we have not heard a revamp of this from the president.
. and step number two is getting information to folks that the law even exists. >> this is what is so, so important. big picture here, the young people. and many of them don't even know this law exists. and those who do know it exists are trying to logon to a website that doesn't always work. it young healthy people cannot or do not sign up for health insurance, can obama care be saved? with me from washington, two of the best a.b. stoddard, associate editor of the hill, and ryan lizza. hello to both of you again. >> hello, brooke. >> hello, hello. you both watches the hearing along with us. i want to ask what piqued your political interest in a minute. first, this is the list we wanted from you. three ways to save obama care. we asked you both for your prescriptions. a.b., i'm beginning with you first. taking a look at your list, you say fix the website. you say, increasesebelius. >> right, you say increase penalties for opted out, and number three, launch a p.r. campaign of obama care happy stories. a.b., let me hone in on this increasing penalties for opting out. what do you mean? >> w
. and legal briefs too. two huge stories in the world of law, one involves a merger that could mean hundreds of legal -- my goodness, legal briefs, hundreds of layoffs, not sure i will get through this. a memo that has everybody talking about the place of young women in the business world and how they should dress and act. first to sue at the nyse. >> my, my, my. stocks having a so-so day but we're at or near record levels for several indices, close to dow 16,000 than 15,000. the nasdaq 65 points from 4,000. where is the retail investor in all of this? mary thompson found out. >> hey, sue. data suggest the retail investor remains cautious with the markets at record highs. outflows continue while trading activity at discount brokerages is modest. investors began pulling money out of stock funds in may of 2011. since then, u.s. equity funds have seen net monthly outflows in 25 of the last 28 months through august. the september numbers aren't final but weekly figures suggest the exodus continued in the two weeks out of the three recorded so far for october. so recent data from discount brokera
make some changes to the law, specifically, extending the enrollment deadline beyond march 31st of next year. that could open the door if there is big senate debate about that to the possibility of extending and delaying the individual mandate which is the all-important way to fund this entire law. bottom line is, this effort has been led by jeanne shaheen of new hampshire. she is up for re-election in 2014 and has to defend the law. here she is on cbs. >> the rollout has been a disaster so what i'm proposing we extend the period in which people can enroll so we can make sure we get as many people who want health insurance able to enroll and be i believe to be covered. >> reporter: and that is an important point that the white house keeps stressing which is that while there are these 10 senate democrats or so who are pushing for changes they're not trying to defund the law, they're not trying to dismantle the law as republicans have tried. said the democrats are pushing for changes the president may not want to make right now but they're trying to make the law better although you notice
lawyer, majority or minority whip in the house, perhaps the law should have been more precise in the drafting to allow people to keep their plans as reports come out. that is not exactly the case people concede their plan because they don't meet the minimum benefit required, better established in the health-care law. we are not done with health-insurance hearings on capitol hill. tomorrow different committee and they will hear from the h h s secretary kathleen sibelius tomorrow morning. lori: that could be more painful than the testimony. rich edson. adam: nicole petallides is on the floor of the stock exchange with the look of the nicknames "after the bell". lori: yes. nicole: linkedin right now on the move just slightly to the downside down $0.19, $42 stock, it has run up 111%, it is a great performer. everybody, all the insiders will be looking at everything from mobile numbers to advertising revenue growth, they beat estimates in each of the past four quarters. the option groups have been betting on some volatility, and 9% volatility swing, you don't know which way. mobile
it is yours. dagen: we are staying on top of this toy. the president's health-care law on capitol hill and there's a lot of fire being thrown. connell: you have been watching kathleen sebelius on what happened with the launch of obamacare. >> in these early weeks, access to healthcare.gov has been a miserably frustrating experience for too many americans including many who avoided years, there's the entire life for the security of health insurance. i am as frustrated and angry as anyone with the flawed launch of healthcare.gov. let me sail directly to these americans you deserve better. i apologize. i am accountable to you for fixing these problems and committed turn your confidence back. dagen: talking about falling on your sword, kathleen sebelius looking to shoulder the blame for problems with the rollout of the health exchanges. continue to breakdown. connell: we will go back live as things heat up in the q&a, rich edson has been monitoring the whole thing and he joins us from washington d.c. with a latest on capitol hill. rich: she is confident by november 30th they will have
were tougher. >> we know that the affordable care act is the law of the land. we do. but we also understand from our constituents there is a disaster of a roll out that is occurring. not a hiccup about a disaster of a roll out. >> reporter: committee charm dave camp ask if administration would makes it internal project of enrolling 495,000 by october 1. >> we will not have those numbers available until mid november. >> do have you any idea of how many people have enrolled. >> in the process of enrolling in the state base exchanged and federal exchange we will have the numbers in mid november. >> reporter: new jersey democrat attempter flared after arkansas republican said that g.o.p. had offered alternatives to obamacare. >> are you serious, what you just said? are you -- really serious? after what we've gone through? we've gone through in the last 3 1/2 years. >> reporter: tomorrow health and human services secretary kathleen sebelius is to blame the federal contractors, and said quote, cms has a track record of successfully over seeing many contractors our programs depend on fu
, not stake, not that quality, but the law requires that everyone have a one-size-fits-all government designed benefit package. all ten categories in it. so the 50-year-old couple has to pay for maternity care. the straight arrow, he has to pay for in-patient sensitive treatment. john: he wants everyone to be protected. >> the assumption is that we are too stupid to choose our own health insurance. that is why right now millions of people who are promised they could keep their health plan up are being herded out of the plans. you can almost hear the whip cracking. john: it includes all this stuff >> oh, yes. suddenly the washington bureaucrats have changed the promise. it is not you can keep your plan if you like it. it is, you had a plan that was a scam. you were too stupid to know it. now we are giving you the package that we know is right. john: which costs a lot more. >> of course it does. it includes all of these things you don't need, but they want you to have it, not because you will use the services, because you're going to put your money in there so that they can spend your money taki
abortion law. >>> why wendy davis' courageous fight could have national implications. >>> plus their actions scream out that they're rooting against president obama in every way. now we have a republican admitting it. on live tv. >>> and why halloween is not an excuse for poor taste and ugly racial stereotypes. my commentary on this photo that's getting so much attention. >>> and friend or foe, i want to know. reply al is ahead. peace of mind is important when you're running a successful business. so we provide it services you can rely on. with centurylink as your trusted it partner, you'll experience reliable uptime for the network and services you depend on. multi-layered security solutions keep your information safe, and secure. and responsive dedicated support meets your needs, and eases your mind. centurylink. your link to what's next. try align. it's the number one ge recommended probiotic that helps maintain digestive balance. ♪ stay in the groove with align. add brand new belongings from nationwide insurance and we'll replace stolen or destroyed items with brand-new v
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